Filing Flows › Donnelley Financial Solutions (DFIN) › Q1 2026
Donnelley Financial Solutions (DFIN) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 5, 2026
Donnelley Financial Solutions (DFIN) reported revenue of $206M for the first quarter 2026 (Q1 2026), +2% from a year earlier and +19% from the quarter before. Operating margin was 23.6%, net earnings $33.5M (16.3% of revenue).
Donnelley Financial Solutions, Q1 2026: revenue $206M (+2% year over year), operating margin 23.6%, net earnings $33.5M, operating cash flow −$5.6M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $206M | +19% | +2% |
| Operating profit | $48.5M | +239% | +6% |
| Net earnings | $33.5M | +440% | +8% |
| Operating cash flow | −$5.6M | -109% | — |
What changed
Revenue was $205.5M in Q1 2026, up 2% year over year and up 19% from the previous quarter. Capital Markets Compliance and Communications Management was the largest line at 40% of revenue. Capital Markets Software Solutions added $6.7M year over year (up 13%), 152% of the total change. Investment Companies Compliance and Communications Management declined 5%.
Operating profit was $48.5M, a 23.6% margin (up 0.8 points year over year). Of the extra revenue versus Q1 2025, 61% reached operating profit, above the 23% margin then. Total costs grew 1% against revenue growth of 2%. Net earnings were $33.5M, up 8% year over year. The effective tax rate was 26.2%.
Operating cash flow was −$5.6M. Non-cash charges added back $15.0M of depreciation and amortization and $6.4M of share-based compensation. Working capital and other items used $60.5M. Capital expenditures of $10.4M exceeded it, leaving free cash flow of −$16.0M.
Questions
What was Donnelley Financial Solutions' revenue in the first quarter 2026?
Donnelley Financial Solutions (DFIN) reported revenue of $206M for the first quarter 2026 (Q1 2026), +2% from a year earlier and +19% from the quarter before.
Was Donnelley Financial Solutions profitable in the first quarter 2026?
Operating profit was $48.5M (23.6% of revenue) and net earnings $33.5M.